BTB Real Estate Investment Trust T.BTB.DB.H

RE: RE: RE: RE: Well, that was a good way to lose

[Baer1]

Perhaps. Yields compensate (to a point) for risk. I think most investors recognise that this is a risky investment environment, and the smaller an entity is, in the REIT world, the more risk. This is because debt is a more significant percentage of a smaller REIT's cash flow and liabilities. They are more interest sensitive, as well, and have less ability to secure debt or refinancings at favourable rates in an uncertain economy. 

That said, BTB is in a sector (commercial RE) that looks strong going forward. I would be more comfortable with 9% to 9.5% yield, which can be found elsewhere, but I do hold some BTB because I think they will execute on growth plans or be bought out by a larger player. JMHO